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Will a driverless fleet give truckers more time at rest stops . First, to our top story. Start says job cuts will this week. They said cuts will improve efficiency and accountability. Bloomberg has learned that about 2000 jobs have been eliminated s global 60 of wework workforce. Ellen huet joins us with more. What do we know about these layoffs and their broader strategy of slimming down, if you will . Ellen it seems, based on this new memo that the executive chairman sent this morning, it going to start in ernest going to start in earnest in the u. S. This week. It seems like maybe this week...

Give truckers more time at rest stops . First, to our top story. Wework says job cuts will start this week. The struggling Office Sharing startup said that cuts will improve efficiency and accountability. Bloomberg has learned that about 2000 jobs will be eliminated, some 16 of weworks global workforce. Ellen huet joins us with more. What do we know about these layoffs and where it fits into their broader strategy of slimming down, if you will . Effort that has been going on in bits and pieces but it sounds like based on this new memo that the executive chairman sent this morning, it is going ...

And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promotions and incentives. We also think they are things the Management Teams can do in terms of reducing...

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FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!